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North Carolina Lien Law Under Review Again

The North Carolina General Assembly appointed a committee in 2013 to study a specific element of North Carolina Lien Law. The Lien Law Review Committee was initially charged with studying the impact of modifying lien law regarding leased real property. Just recently, several other issues have popped up from industry groups interested in changing the North Carolina Lien Law again. One of these groups would like to have Potential Lien …Read More

Spousal Guarantees | Raleigh Law Firm

Obviously, creditors would like to obtain as much security as possible prior to making a loan, but it is also important to keep in mind the Equal Credit Opportunity Act (ECOA). For anyone not familiar with the ECOA, it is a federal law that prohibits lenders from discriminating against borrowers based on their race, religion, national origin, sex, or marital status. So, in what instances may a creditor obtain a …Read More

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